Lithium Ionic Reports Significant Growth in Baixa Grande Resource Estimate

Lithium Ionic Corp ( (TSE:LTH) ) just unveiled an announcement.

Lithium Ionic Corp. announced a 32% increase in its Mineral Resource Estimate at the Baixa Grande Project in Brazil, highlighting the company’s strategic potential and the expertise of its exploration team. This growth is attributed to effective drilling efforts and positions Baixa Grande as a crucial element in the company’s long-term strategy to become a leading lithium producer, with continued growth potential in the region.

More about Lithium Ionic Corp

Lithium Ionic Corp. operates in the mining industry, focusing on the exploration and development of lithium deposits. Its primary products include lithium resources, and it is strategically positioned in the lithium market, particularly with operations in northern Minas Gerais State, Brazil.

YTD Price Performance: 2.35%

Average Trading Volume: 321,312

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$142.3M

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